A pair of disposable latex gloves: Not absolutely necessary, but good for keeping grease and grime off your hands during a repair. Also, nice to have in an emergency when it starts raining and the temperature drops 20 degrees and you don’t have a pair of regular gloves. Just keeping your hands dry and the wind from directly blowing on them makes a huge difference in comfort.
First, I researched. I looked at Amazon’s top-rated products and their user reviews. Then I consulted Bicycling magazine, Gear Junkie, Bike Radar, Outside, and the occasional bit by Lennard Zinn via Velonews. I also found some worthwhile discussions at Bike Forums. Then I spoke with four experts, Ramona Marks, Scott Karoly, Cari Z, and Alison Tetrick, riders from all across the spectrum, who tour, repair, and race.
Good bike repair stand. I can't say "great," because it arrived with some small plastic pieces broken. These are small pieces that go between the legs and the supports for the legs to act as a sort of buffer to prevent metal to metal scraping. They are just too fragile, it seems. 3 out of 4 legs had these broken upon arrival. However, these are really only "nice" to haves, not need to haves, and they don't really detract from using the stand in any way. Once you have the stand set up, you don't worry about these at all. The main clamp holds the bike well, if you take care to balance the bike properly. The bike may tilt in the stand if you don't balance it - there is a weight limit to the clamp. I like the included tool tray, but I wish it was more adjustable in height (it is essentially fixed in one position). And the tray could be larger. Otherwise, I am quite happy with this stand. I have worked on several bikes using it, and assembled one out of the box. It makes the job of doing things like adjusting brakes and indexing derailleurs so much easier. The price of this stand is excellent considering the quality.
Whether you ride a single, 7, or 10 speed bike or anything in between, you will need a slightly different chain. The major difference is that they come in varying widths to accomodate the different spaces between the gears, but quality of construction is also a factor in choosing a chain. Inspecing the chain should be a part of your regular cycle maintenance procedure- It’s important to keep a chain well lubricated, but oil will also attract dirt and so different oils for specific riding conditions are available. Remember to clean your chain regularly to get the longest life out of it and the gears.